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Street view

8, Balham Hill, Balham, SW12 9EA

4,937 Sq Ft / Retail / Retail - High Street

Withdrawn - Last updated: 18 April 2024

999-year leasehold interest from 15 August 2003 at £1 pa ground rent. There is a sublease to Pets at Home on the following terms: The full repairing and insuring underlease (by way of service charge) between Nightingale Centre Ltd. and Pets at Home Ltd. is dated 26 July 2021 for a term of 10 years from 26 July 2021 at a passing rent of £62,500 per annum exclusive rising to £125,000 pa exclusive with effect from 26 January 2023. NB The Vendor will top up the shortfall in rent. There is an upward only open market rent review on 26 July 2026 (capped at £144,909.25 per annum exclusive) and the tenant has the right to terminate the lease on 25 July 2026, subject to not less than 6 months prior written notice and a six month rent penalty.

Location

Positioned fronting Balham Hill and just along from Majestic Wine and M & S Food, the available commercial premises are situated in a popular residential and commercial location. The local area offers a range of local restaurants, bars and independent shops along with major retailers. 8 Balham Hill is a short walk from Clapham South (Northern line). Balham underground (Northern Line) and rail station is also within walking distance. Vibrant residential and commercial area within South West London.

Accommodation

Ground Floor: 4,937.00 sqft


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